For all my loyal fans in India and the sub-continent, I will be on Indian business channel UTVi on Monday, Dec. 22. I’ll be speaking about the stock market and ETFs at 11 a.m. ET from the floor of the New York Stock Exchange. UTVi has an audience of 200 million, maybe one of those viewers is actually reading this.
IndexUniverse writes about the arbitrage mechanism breaking down among bond ETFs. This has caused many bond ETFs to “trade at substantial discounts and premiums to NAV, much like closed-end funds.” The result is a a situation where no-load mutual funds and low-expense funds are more attractive than ETFs.